Standard Chartered Offers Second Rights Issue
The Standard Chartered Bank today morning announced a rights issue that is to commence on 9th October – exactly 1 week from today – and end on 26th October making the total period 3 weeks. This is the second Rights Issue the bank has had, with the…
The Stocks We Are Watching Today
Our focus today on Nairobi Securities Exchange stocks watch shall be on whole sectors and we will direct our attention towards the agricultural sector and the banking sector: See a summary of yesterday’s share trading here. Agricultural Sector – This sector has in it agrarian-based counters such…
Stocks We Are Watching Today
Here are the shares we will be closely watching in today’s trading at the Nairobi Securities Exchange: See a summary of Friday’s share trading here. CFC Stanbic Rights – They’re having a rights issue that ends in 1 week’s time and the demand has been fluctuating with the last day…
Unga Group Profit Drops 21 Pc Despite Revenue Growth
Manufacturer of flour and maize meal products Unga Group has released full year results for the year ended June 2012 with a decline in post-tax profit to 348.2 million shillings from 441 million shillings earned in 2011. Comparatively, the company’s post-tax earnings rose 88 percent between 2010…
Speculative Investing: What does it Mean?
We looked at value investing earlier this week. Now we look at exactly what speculative investing is and why you should even bother.
Kengen Profit Rises 36 pc to 2.8 Billion
Kenya’s largest independent power producer Kengen has released its financial results for the year ended June with net profit rising 35 percent to 2.8 billion shillings from 2.08 billion shillings posted last year. The company’s growth in earnings was driven by higher revenues from newly commissioned power plants namely…
The Stock Market Today
A summary of share trading activity at the stock market today
Centum Raises 3.2 Billion in Largest Private Bond Placement
Publicly listed investment firm Centum Investments has raised 3.2 billion shillings through a private 5-year bond issue which is the largest such private issue in the history of Kenya’s Capital Markets. A private bond issue or placement means that Centum sought the funds from a small group…
Stocks We Are Watching Today
The shares we will be closely monitoring at the stock market today
Stocks We Are Watching Today
Here are the shares we will be closely watching in today’s trading at the Nairobi Securities Exchange: Unga Group – The shares closed at KES 15.10 at the end of trading yesterday. Sharper growth has been noted since the beginning of September with possible causes being…
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